Invest
The Herd Mentality – Why We buy High and Sell Low
By My Money What  •  August 25, 2020
TLDR? There are key underlying psychological reasons for individuals’ behaviour. Which causes them to buy high and sell low. These decisions are sometimes driven by emotions, which affect how we think. Knowing how this occurs helps to prevent common investing pitfalls. Hey everyone, hope you enjoyed our post last week on the Pareto Principle. And I hope it helped you to think about how you can decide on where to prioritize your time accordingly. After all, we are all living in a modern world that has a tendency to starve us of our time. Today, we’re going to talk about a really interesting phenomenon. From time to time, something strange occurs to investors. It’s almost as if all mental faculties that are normally supposed to be in place are thrown out the window. Wondering what it is? It is the tendency to buy high and sell low as investors....
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By My Money What
“mymoneywhat” is a site about everyday Singaporeans by Singaporeans (that seek to influence the way Singaporeans view our finances. Our goals are to make you rich, while learning some interesting things along the way such as personal finance, financial independence, retire early, cpf, asset allocation and investing in general.
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